The mobile device is the only transaction terminal which is available to the client round the clock, anytime and anywhere. The financial industry has incurred sizeable costs in technology deployment to meet customer’s transactions demands.
Nowadays there exists the opportunity of developing a new channel with a minimum transactional cost, based on technology infrastructure already deployed: VT Mobile Banking makes it possible to have access to the same electronic transactions as in internet banking, but extending the service to more clients, without any geographic or time access restrictions.
It supports over 95% of the mobile devices in the market.
Absolute independence from mobile operators. It does not need any kind of commercial relation with carriers.
It allows performing real monetary transactions, online, and in real time.
Just like every mission critical platform, the whole administration remains under full control of the bank.
It is not just a tool (SMS, WAP, java application); it is an integration of these technologies to provide an end-to-end solution for the processes, procedures and security aspects required by every financial transaction.
It differs from other solutions in the market in that the latter: a) do not understand the complexity of the financial business and b ) force a commercial relation with carriers, whose aims (to be exclusive and to monetize the service) do adversely affect the banks interests.